Economy

The deputy oil minister of Iran has announced that the signing of a Memorandum of Understanding (MoU) has created a framework to settle Greece's...

Iran will sign a contract this week to buy 114 Airbus planes from France, during a visit to Paris by Iranian President Sheikh Hassan...

Arab nations are looking to Chinese visitors to revive their tourism sectors, battered by security fears, and also need to develop homegrown tourism as...

Iran will receive $32 billion of frozen assets after sanctions were lifted in a deal with world powers over its nuclear program, Iranian central...

Share prices in the energy-rich Gulf states nosedived Sunday following the sharp decline in oil prices as Iran prepares to resume crude exports after...

With global growth moribund, multinational firms have been waiting with bated breath for the lifting of international sanctions against Iran for access to a...

With Greek Prime Minister Alexis Tsipras' visit to Izmir planned for February, Turkish businesses will call for the removal of restrictions so they can...

Saudi Arabia agreed to provide Egypt with more than $3 billion in loans and grants to help its dollar-starved economy.The kingdom will loan $1.5...

Egypt has announced it will be offering China investment projects into electric-generation, railway and train carriage constructions, and many others. These will be proposed...

Saudi Arabia announced a record budget deficit and cuts to fuel and utility subsidies as the oil powerhouse suffers from a drastic fall in...